Home » FAQs » Delivery Times & Tracking

Delivery Times & Tracking

What Time Of Day Are Transfers Usually Completed

OFX is a global company and we receive and make payments all day. Depending on the currency, we will make payments during its local business hours.

< See all FAQs

Whats A Maturity Date

What’s a maturity date you ask? It’s the date we’ll transfer the funds to your recipient’s account. Once you’ve sent your funds to us and your transfer is marked as “Received” online, you’ll be able to see the maturity date on your transfer.

Clearance times depend on the currency, location of your recipient’s account and the banks used, but you’ll be notified as soon as your transfer is complete.

< See all FAQs

How Long Will My Transfer Take

Generally, no time at all.

Since we have a global network of bank accounts, making a transfer with us is not only secure, but also very fast.
As soon as you send us your funds, we’ll convert and transfer them to your recipient.

The time it takes for us to transfer the funds to your recipient depends on the country, but in most cases it takes 1-2 business days.

How does it work? 

  • Once your funds have cleared in our account and we’ve converted them to your desired currency, the funds will be available for onward payment into the recipient’s bank account. 
  • Provided all funds are received before the cut-off times noted below, we’ll usually start processing the conversion and your payment instructions on the same day.   
  • The cut-off time that is applicable to your transfer will vary, depending upon what currency you are converting to. 

Please see below the cut off times per currency:

Currency you are converting your funds to:Cut off time to receive cleared funds for same day/ next day transfer processing [on a business day* (GMT)]
Euro (EUR):2.00pm
Sterling (GBP):3.00pm
Danish Krone (DKK), Polish zloty (PLN), Swedish Krona (SEK):12.00pm
US dollar (USD), Canadian dollar (CAD), UAE dirham (AED), Australian dollar (AUD), Swiss francs (CHF), Singapore dollar (SGD), Japanese yen (JPY), Hong Kong Dollar (HKD), Mexican Pesos (MXN), New Zealand dollar (NZD), Papua New Guinea Kine (PGK), Thai Baht (THB), South African rand (ZAR): 5.00pm the previous business day

The time your funds will take to reach the recipient’s bank account will depend on a number of factors, notably;
- The currency the payment is being made in
- Where you are sending the money to i.e. where the recipient’s account is located

Type of payment: (How long it takes after we process your payment instruction)
Payments in euros to account in the UK or the EEA:By the end of the next business day.
All other payments in EEA currencies to accounts in the EE:No later than four business days 
Payments to accounts outside the EEA or payments in non-EEA currencies: If this is the local currency of the country it is being sent to, then it is usually 24 hours. Otherwise, this can vary. When booking in your deal, you can ask the customer service agent, when the funds will be expected to arrive in the recipient’s bank and we can offer an estimate. 

Depending upon your recipient’s country, it generally takes 1-4 business days to complete the entire process of receiving your funds and sending them to your recipient. 

* a business day is a day, other than a Saturday, Sunday or public holiday, on which banks are open for business in EU and will not include any public holidays in the country of the recipient’s account. Our currency converter can provide you with approximate delivery times based on your recipient’s country. Also, below you’ll find a list of standard delivery times for our most popular countries  

Time it takes for OFX to receive funds from you:

Australia (AUD)1 day
Canada (CAD)1-2 days
Europe (EUR)1-2 days
Hong Kong (HKD)1 day
Japan (JPY)1-2 days
New Zealand (NZD)1 day
Singapore (SGD)1 day
USA (USD)1-2 days
UK (GBP)1 day

Time it takes for the funds to reach your recipient:

Australia (AUD)1 day
Canada (CAD)1-2 days
Europe (EUR)1-2 days
Hong Kong (HKD)1-2 days
India (INR)2 days
Japan (JPY)1-2 days
New Zealand (NZD)1 day
Singapore (SGD)1 day
Thailand (THB)4 days
USA (USD)1 day
UK (GBP)1 day

< See all FAQs

How Long Do Online Payments Take?

Money transfers are easy, fast, and reliable ways to send money both domestically and internationally. Payments to major markets can usually be made within 1-2 business days from the time OFX receives your funds. Less popular currencies may take slightly longer: approximately 3-5 business days.


When compared to using your bank, your online payments may take less time when you use OFX, because we harness the power of local banking networks to expedite your payments.

To make international online payments:

  1. Create a free account with OFX.

  2. Log in to check live exchange rates and lock in a rate for your transfer.

  3. Collect and submit your banking details and those of your recipient

  4. Finalise your transaction and track it with the OFX mobile app.


Improve the speed of your online payments

The time it takes to process a money transfer will depend upon a few factors.

  1. Are you trying to transfer money during bank holidays and/or weekends?

  2. Which currencies you are transferring?

  3. Have you submitted accurate banking details for yourself and your recipient?

  4. Have you requested an RTGS (real time gross settlement) expedited payment?


Make simple and fast online payments with OFX

When you need to submit an online payment by a deadline, you can rest assured that OFX will get your transfer through as quickly as possible, while maintaining the security of your money from start to finish. Because we work in more than 190 countries and 55 different currencies, our transfer process is efficient and reliable.

< See all FAQs

How Long Does a bank to bank Transfer Take?

A bank to bank transfer is a reliable and safe way to send money, but how long does it take for a bank to bank transfer to go through? The length of time required to transfer your money will depend upon factors that include:

  • Bank holidays
  • Weekends
  • The currencies that are involved in the transaction
  • The payment method that you use
  • Whether it’s a domestic or international transfer
  • The company you choose to make your money transfer

Typically, an international bank to bank transfer could take anywhere from 2-5 business days with most banks.

Ready to make a transfer now? Register here

< See all FAQs

How Do I Check My Transfer History

Keeping track of your past transfers is easy. Simply login to your OFX account and select the “Deals & Orders” tab. All your transfer history information is available under “Settled Deals” including recipient details, exchange rates and maturity dates.

< See all FAQs

How Can I Track My Transfer

This is easy. We will send you notifications along the way when we receive and pay your transfer. 

These updates can be sent via e-mail or SMS. Simply login and go to "Your Profile" tab and under "Your Preferences" you can select how you would like us to contact you.

You can also track the status of your transfer by clicking on the “Deals and Orders”.

Your “Funds Received” notification will let you know when we’ve received the funds from your bank, and your “Funds Paid” notification says when we’ve sent the funds to your recipient’s bank account.

< See all FAQs